nationalization of south african mines

South African Unions'' Call For Nationalization of Mines

South African Unions'' Call For Nationalization of Mines

"Mass retrenchments like this show we have a point about nationalization," says Patrick Craven, a spokesman for the Congress of South African Trade Unions (Casatu), the country''s biggest

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Nationalizing South African mines: an enonomic assessment

Nationalizing South African mines: an enonomic assessment

Nationalization of South African mines would represent a major change in the role of the state in the local economy. From the international experience there does not appear to be any one level of state participation that yields predictably better outcomes in terms of economic development

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South Africa''s Mining Industry Is About to Come to a

South Africa''s Mining Industry Is About to Come to a

Mar 23, 2020 · South Africa''s iconic mines, from the everdeepening gold shafts on which the economy was founded to massive iron ore pits and rich platinum seams, are about to

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South Africa minister warns against nationalization of

South Africa minister warns against nationalization of

Similarly, South African''s Minister of Mineral Resources Susan Shabangu rejects the idea of mining nationalization as "not an option." Is nationalization going to give us jobs? No.

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advantages and disadvantages of  BINQ Mining

advantages and disadvantages of BINQ Mining

Fernando Coz Léniz – B001201 Histories of nationalization and . Histories of nationalization and privatization: the cases of the Chilean and Zambian of foreign companies, mostly American, South African and British and the interaction principal mining firms operating in the country, and later on these were merged . environment translated in a disadvantage for landlocked

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What Is Nationalization?

What Is Nationalization?

Mar 30, 2018 · Nationalization refers to the process of a government taking control of a company or industry, which generally occurs without compensation for the loss of

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Nationalisation of Mines in South Africa Essay

Nationalisation of Mines in South Africa Essay

In South Africa, should an environment with minimal costs and near to zero infrastructural constraints, South African mines could create an additional 200 000 jobs from now and 2020 (Matthews., 2010). South Africa''s state owned enterprises like the SABC, SAA, ESKOM, and Denel have often been doubted in their performances.

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(PDF) Nationalization and Mining: Lessons from, Zambia

(PDF) Nationalization and Mining: Lessons from, Zambia

Johannesburg, South Africa, 2001. 127 pp. The colour of class on the copper mines African Advancement in to Zambianization Zambian Papers Institute for African Studies Jan 1972

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Should mines and banks in South Africa be nationalised

Should mines and banks in South Africa be nationalised

Jul 31, 2017 · For the love of all that is good, NO! I am not going into details, as the information is freely available online, but here is a list of State Owned Enterprises (SOE''s) and their track record: ESKOM Bailouts, mismanagement, corruption, nepotism,

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What would it mean for South Africa to nationalise the mines?

What would it mean for South Africa to nationalise the mines?

Apr 20, 2012 · Nationalisation to industrialise and create more jobs. Nationalisation as a means to safeguard sovereignty. Nationalisation as a means to accumulation path in the South African economy. Nationalisation to transform South Africa''s unequal spatial development pattern. Disadvantages of the nationalisation of mines are as follows:

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South Africa debates mine nationalisation YouTube

South Africa debates mine nationalisation YouTube

Dec 18, 2012 · South Africa''s government says it has ruled out wholesale nationalisation of the mining industry. President Jacob Zuma has promised there will be

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ANC Study Rejects South African Mine Grab, Business Day

ANC Study Rejects South African Mine Grab, Business Day

Feb 02, 2012 · A report by South Africa''s ruling African National Congress found that the nationalization of mines, as proposed by Julius Malema, head of the party''s youth wing, would be unconstitutional and

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Alternative Needed to Nationalisation and Privatisation

Alternative Needed to Nationalisation and Privatisation

Mar 19, 2013 · Alternative Needed to Nationalisation and Privatisation: State Industries like South Africa''s ESKOM show Working Class deserves better some view nationalisation – the transfer of economic resources (e.g. mines, banks, and factories) to state ownership and control – as a rallying cry for a socialist alternative. South Africa

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Debate on Nationalising the Mines in South Africa

Debate on Nationalising the Mines in South Africa

A storm erupted in policy circles in South Africa after Julius Malema the leader of the African National Congress Youth League (ANCYL) boldly proclaimed the need for the mining industry in South Africa to be nationalized. The demand was predied on fulfilling the vision of the Freedom Charter, which was adopted at Kliptown in 1955 as the ''manifesto'' of the liberation struggle. According

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Mining: a brief history Statistics South Africa

Mining: a brief history Statistics South Africa

Mining: a brief history. The 1970s are best remembered for disco, bellbottoms, and the mesmerising lava lamp. It was also the decade that saw South African mining forge ahead in its influence on the economy and employment.

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The slow nationalisation of the South African Reserve Bank

The slow nationalisation of the South African Reserve Bank

Jan 08, 2019 · The South African Reserve Bank (Sarb) is a clear target for capture by politicians intent on spending their way out of trouble. This much is clear from the debate within the ANC over expanding the

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Industry expert warning: Nationalizing South Africa mining

Industry expert warning: Nationalizing South Africa mining

Oct 07, 2010 · The nationalization of South Africa mining would scare off investors at a time when foreign investment is needed most to help create jobs, say industry experts.

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South Africa mine nationalization ''closest since end of

South Africa mine nationalization ''closest since end of

Aug 02, 2011 · Businessweek quotes a confidential report prepared for South Africa''s mining CEOs as saying South Africa''s ruling party is closer to some form of nationalization

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Nationalisation of mines dead and buried The Mail & Guardian

Nationalisation of mines dead and buried The Mail & Guardian

Dec 20, 2012 · Nationalisation of mines dead and buried. Niren Tolsi. South African corporate savings are at a multidecade high. The sector was sitting on roughly R520billion in mid2012 – the highest

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ANC Study Rejects South African Mine Grab, Business Day

ANC Study Rejects South African Mine Grab, Business Day

Feb 02, 2012 · A report by South Africa''s ruling African National Congress found that the nationalization of mines, as proposed by Julius Malema, head of the party''s youth wing, would be unconstitutional and

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The South African Civil Society Information Service

The South African Civil Society Information Service

Talking about the nationalisation debate in relation to the mining industry in South Africa, BEE expert, Duma Gqubule, explains that the value of untapped mineral resources in South Africa is US$4.7 trillion. Put differently, the value of these mineral resources is worth one million Rand per South African citizen. The mistake our country made in relation to BEE was to set a target of 25% for

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Advantages and disadvantages of nationalising mines

Advantages and disadvantages of nationalising mines

It is quite evident that the state has not got the necessary capital, skill and support to control the mines in South Africa. The minister of finance Mr Pravin Gordhan stated on March 14, 2011, that nationalisation of South Africa''s mines and other economic assets is not government policy.

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Mining in the Republic of the Congo Wikipedia

Mining in the Republic of the Congo Wikipedia

Oil and gas dominate the extraction industries of the Republic of the Congo (French: République du Congo), also referred to as CongoBrazzaville.The petroleum industry accounted for 89% of the country''s exports in 2010. Among African crude oil producers in 2010, The Congo ranked seventh. Nearly all of the country''s hydrocarbons were produced offshore.

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Mining Companies in the DRC Africa Mining IQ

Mining Companies in the DRC Africa Mining IQ

Mining in the DRC. We''re currently tracking almost 100 mining projects in the DRC across all stages of development. Among these projects is the Kinsevere Mine, loed 30 km north of Lubumbashi, in the Kipushi Territory in the Katanga Province.Owned by MMG Limited, this is one of the most important copper mines in the world, with a capital value of about ZAR 30.6 billion, and is comprised of

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Nationalisation in South Africa A debate that will

Nationalisation in South Africa A debate that will

THE nationalisation of mines in South Africa is a costly, highrisk proposition that should be adopted only as a last resort, an independent panel of experts is reported to have concluded after a

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Is South Africa nationalizing its mining industry

Is South Africa nationalizing its mining industry

Jun 30, 2012 · JOHANNESBURG, South Africa — South Africa''s mining industry is in trouble: platinum mines are closing, gold miners are looking elsewhere and overall output is shrinking.

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Nationalising South African mines: Back to a prosperous

Nationalising South African mines: Back to a prosperous

Downloadable! Nationalisation is high on the policy agenda in South Africa. This paper considers the case for nationalising the local mining sector from an evidencebased perspective. The relevant evidence is derived from theoretical considerations and related to the known features of the South African mining sector and economy. A strong case against nationalisation

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Kaunda announces nationalisation of Copper mines South

Kaunda announces nationalisation of Copper mines South

Zambian President Kenneth Kaunda announces nationalisation of copper mining companies, key to Zambia''s economy contributing over 50 percent of government revenue. The nationalisation of Zambian copper mines was in line with an overall economic policy of nationalisation based on socialist principles.

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To Nationalize or Not? The Pros and Cons of South Africa

To Nationalize or Not? The Pros and Cons of South Africa

Nov 19, 2009 · Recent calls by the African National Congress (ANC) Youth League to nationalize South Africa''s mining industry have resurrected a seemingly neverending debate: to nationalize or not. What impliions would nationalization have on the global mining economy as a whole? Pros: Nationalization doesn''t have to cut out the private sector completely.

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The slow nationalisation of the South African Reserve Bank

The slow nationalisation of the South African Reserve Bank

Jan 08, 2019 · The South African Reserve Bank (Sarb) is a clear target for capture by politicians intent on spending their way out of trouble. This much is clear

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South Africa: Will The Mining Sector Be Nationalized?

South Africa: Will The Mining Sector Be Nationalized?

IB TIMES: Are South African mines still owned primarily by white owners and white companies? If so, is the call for nationalization a measure to increase black ownership of the mining industry?

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South Africa''s political elite mines nationalization

South Africa''s political elite mines nationalization

Aug 25, 2011 · The Call South Africa''s political elite mines nationalization debate for advantage By Anne Frühauf Nationalization is the topic of the moment in South Africa and will likely continue to

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nationalization of mines in south africa

nationalization of mines in south africa

South African Mine CEOs Warned by Eunomix That Nationalization Jul 31, 2011 · South Africa''s ruling party may institute some form of mine nationalization, a step that could throttle investments in the world''s biggest

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Is South Africa''s State Mining Company the start of

Is South Africa''s State Mining Company the start of

Last year, South Africa''s ANCYL leader, Julius Malema started making a lot of noise about nationalization, and specifically, the nationalization of the mines, a major source of revenue for the country, and the possible establishment of a state mining company.

Get price
Nationalisation of Mines in South Africa 3122 Words

Nationalisation of Mines in South Africa 3122 Words

In nationalising the mining sector in South Africa, the State government believes it would have the capabilities of attracting labourintensive mining industrialists who will process mineral resources and diversify the South African economy. Advantages of Nationalisation Currently in the postApartheid era, South Africa hasn''t achieved

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Nationalisation of Mines in South Africa 3122 Words

Nationalisation of Mines in South Africa 3122 Words

In nationalising the mining sector in South Africa, the State government believes it would have the capabilities of attracting labourintensive mining industrialists who will process mineral resources and diversify the South African economy. Advantages of Nationalisation Currently in the postApartheid era, South Africa hasn''t achieved

Get price
South Africa: Is Nationalization of Mines for Public Good

South Africa: Is Nationalization of Mines for Public Good

South Africa: Is Nationalization of Mines for Public Good? A free market lobby group says nationalizing mines will not solve economic problems but one region of the ruling party wants both mines

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Analysis: What would happen to SA if mines were nationalised?

Analysis: What would happen to SA if mines were nationalised?

Jun 23, 2011 · Analysis: What would happen to SA if mines were nationalised? (keep in mind that a lot of South Africa''s unemployment problem has to

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nationalization of mines in south africa

nationalization of mines in south africa

ANC Study Rejects Nationalization of South Africa Mines, Feb 02, 2012 · A report by South Africa''s ruling African National Congress found that the nationalization of mines, as proposed by Julius Malema, head of the party''s

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South Africa Leads World in Chromium, but China Fears Growing

South Africa Leads World in Chromium, but China Fears Growing

The nationalization of mines in South Africa is an ongoing debate. While the ANC has reiterated that nationalization is "not government policy," critics, such as the Congress of South African

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South Africa mine nationalization ''closest since end of

South Africa mine nationalization ''closest since end of

Aug 02, 2011 · Businessweek quotes a confidential report prepared for South Africa''s mining CEOs as saying South Africa''s ruling party is closer to some form of nationalization

Get price
South Africa says no to mines nationalization MINING

South Africa says no to mines nationalization MINING

South Africa says no to mines nationalization. Andrew Topf instead of providing Employment and benefits to the National economy is of great concern investing in South African mining, and

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To Nationalize or Not? The Pros and Cons of South Africa

To Nationalize or Not? The Pros and Cons of South Africa

Nov 19, 2009 · Recent calls by the African National Congress (ANC) Youth League to nationalize South Africa''s mining industry have resurrected a seemingly neverending debate: to nationalize or not. What impliions would nationalization have on the global mining economy as a whole? Pros: Nationalization doesn''t have to cut out the private sector completely.

Get price
Is South Africa nationalizing its mining industry

Is South Africa nationalizing its mining industry

Jun 30, 2012 · JOHANNESBURG, South Africa — South Africa''s mining industry is in trouble: platinum mines are closing, gold miners are looking elsewhere and overall output is shrinking.

Get price
Industry expert warning: Nationalizing South Africa mining

Industry expert warning: Nationalizing South Africa mining

Oct 07, 2010 · The nationalization of South Africa mining would scare off investors at a time when foreign investment is needed most to help create jobs, say industry experts.

Get price
Is South Africa''s State Mining Company the start of

Is South Africa''s State Mining Company the start of

Last year, South Africa''s ANCYL leader, Julius Malema started making a lot of noise about nationalization, and specifically, the nationalization of the mines, a major source of revenue for the country, and the possible establishment of a state mining company.

Get price